Diabetes Care Devices Market to See 5.3% CAGR to 2022, Predicts Meticulous Research in Its Discounted Report Available at MarketPublishers.com13 Dec 2017 • by Natalie Aster
LONDON – By 2022, the global market for diabetes care devices is predicted to follow an upward trend, growing at a healthy 5.3% CAGR, to cross the USD 26.71 billion mark in value terms.
The key growth drivers of the diabetes care devices market include rising incidence of diabetes, sedentary lifestyle and unhealthy diet, rising prevalence of obesity globally, surging demand for faster and safer options to diagnose and treat diabetes, continued technological progress, to name a few.
Yet, the global diabetes care devices market faces a number of growth hinders, for example, high costs of diabetes diagnostics and treatment, certain reimbursement issues for novel technologies, and poor awareness of the disease and its timely care.
Amid various segments, the total diabetes care devices market is dominated by the monitoring devices segment, which possesses the largest market share owing to the rising adoption of test strips and self-monitoring blood glucose devices globally.
Region-wise, North America is expected to remain the largest regional market for diabetes care devices up till 2022.
The list of top vendors active in the world’s market for diabetes care devices includes, amid others, Ascensia Diabetes Care Holdings, Johnson & Johnson, Terumo Corporation, Novo Nordisk, Medtronic, F. Hoffmann-La Roche, Abbott.
New discounted research report by Meticulous Market Research, “Diabetes Care Devices Market – Global Opportunity Analysis And Industry Forecast (2017-2022)”, is a great source of trustworthy information pertaining to the current situation in the global market for diabetes care devices. The publication offers an all-encompassing research of the global marketplace on the global, regional and country scales. It also provides access to the top-level qualitative and quantitative market data. Additionally, the report canvasses the market dynamics, focusing on the main market growth driving and hampering factors; looks at the prevailing and future possible development trends, analyses the competitive environment and offers reliable statistics for 2014-2017. Moreover, the report comprises detailed profiles of top 10 market players with vital details on their financial performance, product offerings, and strategic initiatives. Future forecasts for the market up till 2022 are also available here.
Note that this research report is available at a discounted price until December 31, 2017!
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